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Final Ppt of Balance Sheet

Final Ppt of Balance Sheet

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Published by Shailesh Satarkar

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Published by: Shailesh Satarkar on Jun 02, 2012
Copyright:Attribution Non-commercial

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06/02/2012

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REVISED BALANCESHEET AS PER
SCHEDULE
VI
 
INTRODUCTION
Schedule VI to the Companies Act, 1956 (‘the Act’)
provides the format in which companies registered underthe Act prepare and present their financial statements
As per notification dated 28
th
March, 2011 by Ministry of Corporate Affairs, the revised Schedule VI is applicable tobalance sheet & profit & loss account to be prepared forthe financial year commencing on or from 01
st
April 2011
 
GENERAL INSTRUCTIONS
Compliance with the Act and/or Accounting Standards:
Where compliance with the requirements of the Actincluding Accounting Standards as applicable to thecompanies require any change in treatment or disclosurethe said changes can be made.
Disclosures are required by the Companies Act shall bemade in the notes to accounts
Additional disclosures specified in the AccountingStandards shall be made in the notes to accounts or byway of additional.

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